Stein Mart to close almost all of its stores, file for bankruptcy

Stein Mart to close almost all of its stores, file for bankruptcy

Stein Mart, a national discount department store chain announced that it would be closing most, if not all of its 280 stores, and also filed for bankruptcy after 112 years in business. Hunt Hawkins, the Chief Executive Officer said that a challenging retail environment, coupled with the blow dealt by the novel coronavirus pandemic cause significant financial distress on the business.

Sandra
Sandra
Fin
Fin 0 months

Sad a real go to place with affordable stylish clothing..

Sergio
Sergio 0 months

Oh just great, all we have now is Walmart and the Chinese crap from Amazon

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